Circular Economy Mc Dermott Secures Feed Contract for Plastic Recycling Project
Mc Dermott has won a Feed contract from the Michelin Group for the first industrialization of an innovative plastic recycling process. The process is expected to produce regenerated styrene from polystyrene which will be utilized in the production of synthetic rubber for tires and polystyrene.
Houston/USA – Mc Dermott International has announced that it has been awarded a Front End Engineering Design (Feed) contract from the Michelin Group in France for the first industrialization of an innovative plastic recycling process to produce regenerated styrene from polystyrene. The regenerated styrene produced will be used in the production of synthetic rubber for tires and polystyrene.
"This award reflects the successful and long-standing relationship between Mc Dermott and Michelin, having worked together since 2008 at varying stages of production, from design to start up," said Tareq Kawash, Senior Vice President, Europe, Middle East, Africa. "In line with Mc Dermott's energy transition strategy, we will use our strategic solutions to continue supporting Michelin's commitment to a circular economy and increasing demand for sustainable materials."
Mc Dermott will provide value engineering, risk analysis and a detailed constructability study within this industry-first Feed. Work on the project, executed from Mc Dermott's office in Brno, Czech Republic, will begin immediately and is expected to be completed in the third quarter of 2021.